SPAS(SH:603168) Xin Lang Cai Jing·2025-09-01 10:44Core Insights - The company reported a total revenue of 236 million yuan for the first half of 2025, with a net profit attributable to shareholders of 21.86 million yuan, an increase of 46.58 million yuan compared to the same period last year [1] - Operating cash flow showed a net inflow of 51.45 million yuan, which is an increase of 61.58 million yuan year-on-year [1] Financial Metrics - The latest debt-to-asset ratio stands at 23.32%, ranking 59th among disclosed peers, a decrease of 0.72 percentage points from the previous quarter [3] - The gross profit margin is reported at 60.30%, ranking 55th among peers, with an increase of 2.31 percentage points from the previous quarter and an increase of 8.85 percentage points year-on-year [3] - Return on equity (ROE) is at 1.36%, which is an increase of 2.82 percentage points compared to the same period last year [3] - The diluted earnings per share are 0.06 yuan, an increase of 0.13 yuan from the same period last year [3] - The total asset turnover ratio is 0.11 times, remaining flat year-on-year, while the inventory turnover ratio is 1.00 times [3] Shareholder Structure - The number of shareholders is 27,600, with the top ten shareholders holding a total of 192 million shares, accounting for 51.08% of the total share capital [3] - The largest shareholder is Shanghai Yanghe Industrial Co., Ltd., holding 20.82% of the shares [3]